Internet the last hope of Newspapers
A "bold transformation" is how The Detroit News and The Detroit Free Press are trying to spin their decision to limit home delivery of their newspapers to three days a week. While both said Tuesday that they will continue to issue traditional newspapers at newsstands seven days a week, they are the first daily newspapers from a major city to cutback home delivery. "The dynamics of delivering information to audiences has changed forever due to technology," said a jointly released statement from the papers. "The economics of the newspaper business demand change to survive." The way the press release reads, The Free Press and the News are jumping out ahead of what will soon be the next step in the evolution of newspapers. Wrong, says Alan D. Mutter, a former journalist who is now managing partner of Tapit Partners, a group of information-technology consultants. He says the papers had run out of options and were down to two: Either jump to the Web or close.
1 comment:
I read Kevin Price at www.BizPlusBlog.com (host of the Price of Business on CNN) say that newspapers are dead, but won't admit it. The transformation may be done and the papers don't know it.
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